$1 in 1925 → $0.98 in 1924

Canada Inflation Calculator

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$1 in 1925 → $0.98 in 1924

Canadian Inflation Rate, $1 in 1925 to 1924

According to Statistics Canada consumer price index, prices in 1924 are 2.15% lower than average prices throughout 1925. The dollar experienced an average inflation rate of 2.20% per year during this period, meaning the real value of a dollar decreased.

In other words, $1 in 1925 is equivalent in purchasing power to about $0.98 in 1924.

The 1924 inflation rate was -1.09%. The inflation rate in 1925 was 2.20%. The 1925 inflation rate is lower compared to the average inflation rate of 2.87% per year between 1925 and 2019.


Inflation from 1925 to 1924
Average inflation rate 2.20%
Converted amount ($1 base) $0.98
Price difference ($1 base) $-0.02
CPI in 1925 9.300
CPI in 1924 9.100
Inflation in 1924 -1.09%
Inflation in 1925 2.20%

CAD inflation chart from 1914 to 2017


How to Calculate Inflation Rate for $1, 1924 to 1925

This inflation calculator uses the following inflation rate formula:

CPI in 1924CPI in 1925
×
1925 CAD value
=
1924 CAD value

Then plug in historical CPI values. The Canadian CPI was 9.3 in the year 1925 and 9.1 in 1924:

9.19.3
×
$1
=
$0.98

$1 in 1925 has the same "purchasing power" or "buying power" as $0.98 in 1924.

To get the total inflation rate for the 1 years between 1924 and 1925, we use the following formula:

CPI in 1924 - CPI in 1925CPI in 1925
×
100
=
Cumulative inflation rate (1 years)

Plugging in the values to this equation, we get:

9.1 - 9.39.3
×
100
=
-2%

News headlines from 1924

Politics and news often influence economic performance. Here's what was happening at the time:

  • Mein Kampf is published by Adolf Hitler.
  • The Ku Klux Klan's first national march takes place in Washington.
  • The last Qajar Shah of Iran is deposed with Reza Shah Pahlavi taking over.
  • Scopes monkey trial ends in Dayton, Tennessee, finding John T. Scopes guilty of teaching evolution.

Data Source & Citation

Raw data for these calculations comes from the government of Canada's annual Consumer Price Index (CPI), established in 1914 and computed by Statistics Canada (StatCan).

You may use the following MLA citation for this page: “$1 in 1925 → 1924 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 13 Dec. 2019, https://www.officialdata.org/1925-CAD-in-1924?amount=1.

Special thanks to QuickChart for providing downloadable chart images.

in2013dollars.com is a reference website maintained by the Official Data Foundation.


About the author

Ian Webster is an engineer and data expert based in San Mateo, California. He has worked for Google, NASA, and consulted for governments around the world on data pipelines and data analysis. Disappointed by the lack of clear resources on the impacts of inflation on economic indicators, Ian believes this website serves as a valuable public tool. Ian earned his degree in Computer Science from Dartmouth College.

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» Read more about inflation and investment.

Inflation from 1925 to 1924
Average inflation rate 2.20%
Converted amount ($1 base) $0.98
Price difference ($1 base) $-0.02
CPI in 1925 9.300
CPI in 1924 9.100
Inflation in 1924 -1.09%
Inflation in 1925 2.20%